theory

The purpose of this chart is to show how Elliott Waves can be identified generally in common charts, how the cycles can be superimposed, and how you can make general predictions using wave theory, especially with a stock like Apple. The general price levels are meant only to give ranges that you can reasonably expect for possible corrections on different ...

Will be watching this pair to see whether we gonna get a break if so i will be looking for a TCP below the TL OR If we get a bounce i expect one more move up and then down

If we see a break of this TL. I will be expecting a move down to my fib -0.27 mark. Keep an eye on this pair.

Use the lines and intersections as guides

if we see a breakout on this pair we will be dropping down to lower TF looking for a trend continuation pattern or if we get a bounce we will be looking for a trend reversal pattern to the upsdie so keep an eye out on this pair

I have identified a possible ABCD setup here on NZDCAD. I couldn't get A-C to the perfect .618 but .619 won't effect the setup at all since the bottom is 1.272 like it's supposed to be. Short til D then I go long with a stop loss of -15 pips and a TP of 60 pips for a 1:4 Risk/Reward trade

Best week since 2011, it has to go down, before it gets further up. With lot of resistance from top, and most traders placing shorts, it will surely go down on monday. I am short at 2160. Targets at box. Happy trading.

So far the price have found Support around the 50% of the previous Up Movement (See the fib), However the last attempt to go higher seems to start losing momentum, because the most immediate up trend line (Demand Line) has been broken. However that does not necesarily means that the bearish market will continue, in fact, depending on the price action, the ...

Please note I am not a short term trader and I place no stops, I apply proper position size and build positions. I trade today's false sentiments when they arise and trade it for a profit in the future. I use Modern Monetary Theory for my analysis.

Please note I am not a short term trader and I place no stops, I apply proper position size and build positions. I trade today's false sentiments and trade it for a profit. I use Modern Monetary Theory for my analysis. Fundamentals BREXIT was a non event that did not effect the UK economy. A 20% decline in GBPUSD was and is unwarranted. The S&P, FITCH downgrade ...

Hello traders As we see the eu rally higher and higher, we might take sometime to figure potential retracements before we buy again. I kept the daily funnel from previous analysis and in conjunction with my wave count eu is stepping back to 1.12000 before soaring again Point 4 is the safest bet to go long again. Trade safe, trade well.

Plugged in a Fib to see how it looks, assuming this is the bottom, its in a good position to break the trend line, hit the .236, retest the trendline, then head for the weekly pivot at .382, possibly even more. Just a theory I wanted to share.

Hello traders, Looking back on EURUSD this is what I see from an elliotician perspective. I hope you find this helpful for your future wave count. Please notice how the Fib. time zone tool complies with the wave count. Trade safe, trade well.

price is starting to consolidate inside a daily demand level while we have been in an uptrend. I'm looking for PA (price action: order flow)to confirm this level and see a couple of bigger bars to the upside. As institutions confirm this level then looking for profit targets @ the previous highs.

- Wave 1 finished - - Wave 2 in the making - ''correction'' - Looks like- A wave pullback in a bigger ABC correction - Possible short term '' sell'' down to fib level. - Then turn to complete the B wave

Elliot Waves setup for next week Chart speaks for itself.

- Small A-B-C correction. - Then some short term upside, before big downside move. ''Press that like button, if you like my post. if you have questions shoot...I'm here to learn... Thanks..

- COULD SEE SOME SHORT TERM UPSIDE, BEFORE FURTHER DOWN TREND...